Crypto research firm Messari has laid off staff and replaced its CEO, with Eric Turner stepping down and CTO Diran Li assuming the role.
Turner said he will remain as an advisor while confirming that multiple employees were let go as part of the restructuring.
Diran Li said the company will shift toward becoming an AI-first business, focusing on institutional research and AI-driven products.
Turner had taken over as CEO in 2024 after founder Ryan Selkis stepped down following controversy related to political comments.
Messari, founded in 2018, is known for its crypto market research and data analytics, and previously cut around 15% of its workforce in early 2025.
The layoffs reflect a broader trend across the crypto industry, where firms continue to reduce headcount amid shifting priorities and cost pressures.
Recent layoffs have also been reported at companies including OKX, Polygon Labs and Block, as firms increasingly pivot toward AI and automation.
The leadership change and restructuring suggest Messari is repositioning its business model to align with evolving demand for AI-driven analytics in the crypto sector.